$T is showing the SAME squeeze setup we saw before the explosive move on $BTR đš
Futures volume just went parabolic, surging over 1000% to more than $29M, while Open Interest jumped 118% to $7.9M.
Retail sees a +29% candle and immediately starts piling into shorts, betting on a sharp rejection.
But the spot data tells a very different story. đ
Upbit is aggressively absorbing supply with $6.1M+ volume and around $439K in net spot inflows.
Binance spot is also seeing another $186K in net inflows.
Meanwhile, Binance top-trader ratios remain heavily tilted long:
âą Top trader position ratio: 1.259
âą Account ratio: 1.381
That means large accounts are still holding longs while spot buyers continue eating through the sell-side liquidity.
Shorting into aggressive spot accumulation can be extremely dangerous.
If buyers keep absorbing those sell walls, retail shorts could become the liquidity that fuels the next leg higher. đ„
$T may be setting up for another squeeze.
Would you short this spike⊠or wait for the squeeze? đ
Futures volume just went parabolic, surging over 1000% to more than $29M, while Open Interest jumped 118% to $7.9M.
Retail sees a +29% candle and immediately starts piling into shorts, betting on a sharp rejection.
But the spot data tells a very different story. đ
Upbit is aggressively absorbing supply with $6.1M+ volume and around $439K in net spot inflows.
Binance spot is also seeing another $186K in net inflows.
Meanwhile, Binance top-trader ratios remain heavily tilted long:
âą Top trader position ratio: 1.259
âą Account ratio: 1.381
That means large accounts are still holding longs while spot buyers continue eating through the sell-side liquidity.
Shorting into aggressive spot accumulation can be extremely dangerous.
If buyers keep absorbing those sell walls, retail shorts could become the liquidity that fuels the next leg higher. đ„
$T may be setting up for another squeeze.
Would you short this spike⊠or wait for the squeeze? đ
